- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
COVID-19-related 401(k) loan default
I took out a COVID-19-related 401(k) withdrawal in 2020 that will default this year (2022) due to a job-change and continued economic hardship. Will I have the option to pay the taxes over a three-year period? Or should I plan my withholdings to account for the full disbursement to be taxed all at once on next year's taxes?
‎January 24, 2022
9:21 AM